PayPal, eBay Q4 earnings validate pressure to split the companies

Mr Schulman (left) says the growing number of e-payment options is creating confusion, which benefits PayPal. Mr Wenig is struggling to entice shoppers and merchants back to eBay at a time when they have increasing alternatives and when consumers expect fast, free delivery offered by Amazon.

PHOTOS: BLOOMBERG

Seattle

PAYPAL Holdings Inc wooed investors by increasing its customer base and transaction volume, while former parent company eBay Inc disappointed with declining sales on its core online marketplace.